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Mariana [72]
3 years ago
12

If goods A and B are substitutes, a decrease in the price of good B will:

Business
1 answer:
Licemer1 [7]3 years ago
5 0

Answer:

decrease the demand for good A.

Explanation:

Under the cross price elasticity of demand, there are two goods i.e substitute goods and the complementary goods.

The substitute goods shows the positive relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is decreases and vice versa

Whereas, in the case of complimentary goods, it shows a negative relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is increases and vice versa

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If an organizational capability or resource is valuable and unique, but it is easy to imitate: A. It cannot be a source of compe
MaRussiya [10]

Answer:

<h2>In this case,the answer would be option D. or It can be a source of competitive advantage for a period of time.</h2>

Explanation:

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3 0
3 years ago
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6 0
3 years ago
Consumption of Fixed Capital$25Government Purchases315US imports260Personal Taxes45Transfer Payments247US Exports249Personal Con
morpeh [17]

Answer:

$1,079 billion

Explanation:

Calculation to determine what Gross domestic product is

Using this formula

Gross domestic product = Personal Consumption Expenditures + Gross Private Domestic Investment + Government Purchases + Net exports

Let plug in the formula

Gross domestic product = $475 + $300 + $315 + ($249 - $260)

Gross domestic product =$475 + $300 + $315 + +$11

Gross domestic product = $1,079 billion

Therefore Gross domestic product is $1,079 billion

8 0
3 years ago
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